Senate Bill 161 Summary

• Exempts Indiana residents who are members of active components of the U.S. Armed Forces from individual income tax on wages earned for active duty service outside Indiana.

• Maintains existing exemptions for National Guard and reserve component members serving on active duty through involuntary orders, mobilization/deployment, or federalization of their units.

• Applies to taxable years beginning after December 31, 2013.

• Amends Indiana Code 6-3-1-34 regarding the definition of "qualified military income."